Category: National
Maize Meal Prices Highest in Southern Namibia in January
By: Justicia Shipena Consumers in Erongo, Hardap, Omaheke, and //Kharas paid the highest prices for maize meal in January, according to the Namibia Statistics Agency’s (NSA) latest Consumer Price Index report. A 5kg bag cost N$71.57 in Zone…
NUST and MTC Partner to Launch Bloomberg Finance Lab
By: Dwight Links The Namibia University of Science and Technology (NUST) has partnered with Mobile Telecommunications Company (MTC) and the Namibia Investment and Finance Academy to establish the country’s first Bloomberg Finance Lab. Scheduled to open in mid-February, the…
Ueitele is Entitled to Land Tax Exemption – Former Ombudsman
By: Uaueza Kanguatjivi Former Ombudsman John Walters has defended Judge Shafimana Ueitele, whose impartiality in the red line case has come under scrutiny following his exemption from paying land tax on two farms he owns. Government Gazette No. 8408…
Only 12 Namibians Applied for Asylum to the UK Since 2023
By: Justicia Shipena The United Kingdom has recorded only 12 asylum applications from Namibians since implementing strict visa requirements in 2023. The British government revoked Namibia’s visa-free entry in July 2023, citing misuse of the privilege and concerns…
N$1.28 Billion Heavy Fuel 54 MW Power Station To Be Commissioned
By: Nghiinomenwa-vali Erastus NamPower will officially commission the second phase of its N$1.28 billion Anixas II Power Station at Walvis Bay, which is expected to contribute approximately 54 MW to the national power grid. The commissioning of phase…
N$150,000 From Geingob Cup to Support Presidential Centre Setup
By: Justicia Shipena Former First Lady Monica Geingos has announced that N$150,000 from the proceeds of the Dr. Hage Geingob Cup will be allocated to cover initial costs and infrastructure preparations for the establishment of a presidential centre…
Repo Rate Expected to Drop Next Week
By: Staff writer The Bank of Namibia is expected to cut the repo rate when it announces its Monetary Policy Committee’s decision next week. The South African Reserve Bank (SARB) recently reduced its country’s policy rates by 25bp to…
Namibia’s Imports Rise to N$161.5 Billion in 2024
By: Justicia Shipena Namibia’s total imports in 2024 amounted to N$161.5 billion, reflecting an increase of N$25.2 billion compared to the N$136.3 billion recorded in the previous year. Meanwhile, the country’s export earnings rose by N$15.8 billion, from…
Major Economies Expanding Their Nuclear Energy Shares … Bannerman Energy poised to capitalise
By: Nghiinomenwa-Vali Erastus Major economic powers worldwide are ramping up their nuclear power generation capacity to meet the rising electricity demand in their respective countries. The nuclear sector’s momentum, driven by global decarbonisation commitments and the rising energy…
Amupanda to Hear Red Line Fate in March
By: Uaueza Kanguatjivi Affirmative Repositioning Movement leader Job Amupanda will have to wait nearly two months to learn the outcome of his legal challenge against the Veterinary Cordon Fence (VCF). Judge Shafimana Ueitele has postponed the delivery of…